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I.T.A. NO.398/LB/1 OF 1992-93 versus I.T.A. NO.398/LB/1 OF 1992-93

Income Tax Ordinance 1979 Section 32 (3) Appraisal of Sales Returned by Appellant ITO rejects the same data as CIT (A) confirming that the Tribunal has received remand. The appellant submitted a complete IT report without mentioning the validation results that were estimated by the sale. While the CIT (A) dismissed the appeal in relation to the original assessment, it was not understandable for the ITO to assume that the capital and other conditions were treated as one because the business had fallen to such an extent. That it has clearly stabilized. The announced sale and estimate did not justify the rejection law firms from Chowk Azam lawyer

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